Decade Announces Start of Red Cliff Drilling
Decade Resources Ltd.
426 King Street
Stewart, BC
V0T 1W0
TSX.V Trading Symbol: DEC
NEWS RELEASE
May 30, 2023
DECADE ANNOUNCES START OF RED CLIFF DRILLING
Stewart, BC – Decade Resources Ltd (“Decade” or the Company announces that it has
started a drill program on the Red Cliff property. The property is located 20 km north of
Stewart BC in the “Golden Triangle” region of the Skeena Mining Division.
The property has a greater than 1.2 km zone of alteration and mineralization. The Red
Cliff Zone at the south end of the mineralization on the property was historically developed
with 2,385 meters of underground workings on five levels from four portals over a vertical
distance of several hundred meters, with limited copper-gold production reported in 1910-
1912 and 1973. From 1910 –1912, production from the Red Cliff Zone amounted to
approximately 1,136 tonnes at a grade estimated to average 5 percent copper. In 1972,
approximately 3,776 tonnes of ore was mined by a private company and processed at a
local mill located 10 km from the property. No production records for the copper and gold
content mined or values recovered are available. The only reserve estimate reported for
the Red Cliff Zone was in 1912 (BC Minfile) which estimated a total of 18,900 tonnes
averaging 3.19 percent copper and 2.86 grams per tonne gold. This estimate only
considered broken, mineralized material within a stope on one of the levels of the mine.
Note: This estimate is historical and is not 43-101 compliant and is used for reference
purposes only.
The Lower Montrose Zone occurs approximately 1,000 meters to the north of the Red
Cliff Zones within Lydden Creek canyon consisting of silicified andesite associated with
shearing, with pyrite, chalcopyrite, galena and sphalerite mineralization occurring in
quartz veins and stockworks. This zone has been developed along a short adit in a very
steep part of the property. Initial sampling, conducted after discovery above the portal
area near one of the adits, returned 198 grams per tonne gold across 2.59 meters. During
1939-41, a total of 59 tonnes was mined, averaging 84.4 grams/tonne gold, 101
grams/tonne silver, 0.91 percent copper, 3.5 percent lead and 4.41 percent zinc.
Previous operators conducted surface sampling in 1979, which returned 19.3
grams/tonne gold across 2.43 meters and their 1987 surface sampling returned 7.93
grams/tonne gold across 3.81 meters. This data is historical and is not 43-101 compliant
and is used for reference purposes only.
The Company is presently drilling 200 m north of and 200 m vertically higher than the
Lower Montrose (located along the 1.2 km zone) called the Upper Montrose to further
define the results of previous Company drilling. Drilling is testing multiple parallel
mineralized structures in the area of 2009 results shown below:
DDH No. From (m) To (m) Width (m) Gold g/t
DDH-2009-5 41.77 44.72 3.05 10.08
DDH-2009-5 49.7 51.07 1.37 16.94
DDH-2009-5 57.01 61.25 4.24 10.79
DDH-2009-6 53.66 57.32 3.66 38.71
DDH-2009-6 69.97 72.26 2.29 142.2
A panel of drill holes, on the first drill station indicate deeper than anticipated overburden.
Edges of the zone were intersected containing stringers of chalcopyrite and pyrite in
sericite altered rocks. The drill has been moved to a drill station 50 m from the first drill
station and the first hole on this panel was completed. It intersected sulphide stringers
and veins with fine visible gold noted. A close up photo of the core in DDH 6 is included:
In left row, massive chalcopyrite and pyrite are shown.
Crews have started work in Terrace on the Treasure Mountain project. The source of the
Nobody Knows # 2 zone is within the exploration focus. Pictures of sub-crop samples with
chalcopyrite and bornite are shown:
Ed Kruchkowski, P. Geo., a qualified person under National Instrument 43-101 is
responsible for the contents of this release. E. Kruchkowski is not independent of Decade
as he is the president of the Company.
Decade Resources Ltd. is a Canadian based mineral exploration company actively
seeking opportunities in the resource sector. Decade holds numerous properties at
various stages of development and exploration from basic grass roots to advanced ones.
Its properties and projects are all located in the “Golden Triangle” area of northern British
Columbia. For a complete listing of the Company assets and developments, visit the
Company website at www.decaderesources.ca which is presently being updated. For
investor information please call 250-636-2264 or Gary Assaly at 604-377-7969.
ON BEHALF OF THE BOARD OF DECADE RESOURCES LTD.
“Ed Kruchkowski”
Ed Kruchkowski, President
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
“This news release may contain forward–looking statements. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently
anticipated in such statements.”